Dec 1 (Reuters) - Ps&C Ltd PSZ.AX :
* SUCCESSFULLY RAISED $5.5 MILLION THROUGH A PLACEMENT OF 27.5 MILLION NEW FULLY PAID ORDINARY SHARES AT $0.20 PER SHARE.
* AIMS TO RAISE ABOUT $1 MILLION AT $0.20 PER SHARE THROUGH NON-UNDERWRITTEN SHARE PURCHASE PLAN